73
73
Dec 9, 2012
12/12
by
FOXNEWS
tv
eye 73
favorite 0
quote 0
what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real progress. >> a unique moment in history where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solve advancecy. the minority party is trying to leverage the country into doing something great for our nation. it's a unique time and i hope the president soon will see the light. >> joining me the chris wallace. good morning. >> good morning, jamie. >> interesting interviews with optimism. do you think that -- they really believe a deal will happen and is each side willing to make a move? >> well, both senators said the
what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real...
193
193
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 193
favorite 0
quote 0
economy from going off the fiscal cliff in the new year. in fact, most experts believe a framework deal must be reac reached this week, most likely by thursday to give the house, ways and means and the senate finance committee several days to work the deal to legislative language. since it will be complex, likely to increase re-knew and cut entitlement spending if the lawmakers want a cost estimate with nonpartisan numbers from the congressional budget office, it would require several more days. the house g.o.p. requires that the bill be posted for parts of three days which means early next week in order for votes by the end of next week. veterans of past capital hill battles note the whip operation convincing lawmakers to vote for the legislation they barely seen will be critical. >> likely that both sides, the president and the speaker are going to have to twist arms, they are going to have to call people. they are going, you know, do anything they can to push a deal over the line. >> with christmas eve in two weeks, the president, lawmak
economy from going off the fiscal cliff in the new year. in fact, most experts believe a framework deal must be reac reached this week, most likely by thursday to give the house, ways and means and the senate finance committee several days to work the deal to legislative language. since it will be complex, likely to increase re-knew and cut entitlement spending if the lawmakers want a cost estimate with nonpartisan numbers from the congressional budget office, it would require several more...
194
194
Dec 10, 2012
12/12
by
FOXNEWSW
tv
eye 194
favorite 0
quote 0
president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a prank call from two dj's now apparently tied to the death of a nurse who fell victim to their tricks. >> and indicated, they may wish to speak to the people involved in the matter. >> is it trouble for their radio station, just reach a whole new level? let's begin again. new details about just how intricate and dangerous the operation was to rescue an american doctor. snatched by the taliban, it was breaking news last night on fox report. we're learning much more, the white house saying a short time ago, a u.s. service member, a navy seal was killed in that mission. president obama issuing this statement, tragi
president obama ab house speaker boehner behind closed doors meeting on the fiscal cliff earlier and also tonight on the fox report. >> a dramatic hostage situation, a botched robbery at a fast food restaurant, escalating into a standoff. >> and we tried for several hours for this to end. >> and it didn't. the race against time, to save lives. and london calling, police there contacting their australia counterparts into a possible investigation into the royal pregnancy hoax, a...
131
131
Dec 10, 2012
12/12
by
CNNW
tv
eye 131
favorite 0
quote 0
cliff talks. >> reporter: it's 23 days since the fiscal cliff deadline. it's 23 days since they met face-to-face to talk about how to avert it. this was a surprised meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements. the wording here is identical ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday. on friday mr. boehner said the white house wasted another week for potential compromise. we don't know what prompted this meeting. for a first time in a while the two sides are agreeing on something even if it's the wording of their statement an keeping fight lipped. >> thank you. in today's meetings, is it a sign we're close to a fiscal cliff deal. i asked the senior cnn analyst, david gergen. >> this week is a crucial week to see if they can get a break through. in fact, they are willing to sit down and they did it in private, and instead of the political theater we have seen in the last few weeks i think that's encouraging. there's even a bigger long-term issue, and
cliff talks. >> reporter: it's 23 days since the fiscal cliff deadline. it's 23 days since they met face-to-face to talk about how to avert it. this was a surprised meeting. nobody spotted boehner coming or going. nobody is saying much beyond two statements. the wording here is identical ending with this, the lines of communication remain open. the two men last spoke by phone on wednesday. on friday mr. boehner said the white house wasted another week for potential compromise. we don't...
56
56
Dec 10, 2012
12/12
by
CNN
tv
eye 56
favorite 0
quote 0
>>> boehner trying to prevent the fiscal cliff now 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum into law on wednesday. >>> and hugo chavez is returning to cuba for more cancer surgery but this time he is making sure a new leader is in place in case he doesn't return, and he named the vice president as his choice for a replacement in case something happens for him. the 58-year-old president is still scheduled to be sworn in for a new six--year-term on january 10th. >>> sad news for fans of music star jenny rivera. there doesn't appear to be any survivors. the plane lost contact with air traffic controllers early this morning. so far no cause has been given for that crash. >>> the national menorah in front of the white house was illuminated tonight marking the
>>> boehner trying to prevent the fiscal cliff now 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum into law on wednesday. >>> and hugo chavez is returning to cuba for more cancer...
158
158
Dec 10, 2012
12/12
by
CNBC
tv
eye 158
favorite 0
quote 1
the reason, well, the fiscal cliff. the current rate is 35%. only those estates worth 5 million or more have to file. if we go off the cliff the rate shoots up to 55%. anyone worth an estate worth $1 million or more has it file. that will catch tens of thousands of tax payers in the net of the estate tax. republicans want it abolished or current rates to be made permanent. obama wants 45% rate and 3.5 million cut off. that mid way between today's rates and old rate. the problem is that even some democrats are siding with republicans saying they want it keep current rates. all the sides here tyler remain very far apart. wealthy families need 20 rewrite their wills and charity plans. for the country, there are hundreds of billions of dollars at stake. under old rates, they raise $532 billion by 2021. obama plan raised around $270 billion, about half. gop raises about $161 billion. the fight over taxing the rich, especially in the estate tax, is far from over. back to you, tyler. >> not the first time the estate tax has come up in these kinds of n
the reason, well, the fiscal cliff. the current rate is 35%. only those estates worth 5 million or more have to file. if we go off the cliff the rate shoots up to 55%. anyone worth an estate worth $1 million or more has it file. that will catch tens of thousands of tax payers in the net of the estate tax. republicans want it abolished or current rates to be made permanent. obama wants 45% rate and 3.5 million cut off. that mid way between today's rates and old rate. the problem is that even...
188
188
Dec 4, 2012
12/12
by
CNNW
tv
eye 188
favorite 0
quote 0
do not cooperate with the fiscal cliff idea. rebel and say just extend everything and come back later when the economy is at full employment. >> how do you rebel against the fiscal cliff idea? paul, if you listen to boehner and his plan, he sort of says it's erskine bowles plan. is it possible to rebel against an idea marching along? we're on day 29, heading into day 28. >> i get excited when i hear david say things so far outside the box. but this is washington. i guess it's not air box, it's a beltway here. and we are in this debt mania. there is a long term crisis on debt. i think david would agree with that. if you actually go back and read what my old boss and his partner wrote almost two years ago now, they said these things, these cuts in tax increases should be back loaded so we don't damage the economy. in the president's proposal, he does have a small infrastructure bank program to try to jump-start some growth, so i think it's a good idea. raising tax rates on the rich. i saw your interview with senator coburn. he is
do not cooperate with the fiscal cliff idea. rebel and say just extend everything and come back later when the economy is at full employment. >> how do you rebel against the fiscal cliff idea? paul, if you listen to boehner and his plan, he sort of says it's erskine bowles plan. is it possible to rebel against an idea marching along? we're on day 29, heading into day 28. >> i get excited when i hear david say things so far outside the box. but this is washington. i guess it's not...
237
237
Dec 4, 2012
12/12
by
CNBC
tv
eye 237
favorite 0
quote 0
we've had no real progress to speak of on the fiscal cliff. the president did speak publicly about it today. but we haven't exactly taken any step backwards either on wall street as far as the major averages go. we have had more special dividends declared, which we'll get to. first, get you caught up on the markets. kind of a meandering day. a few economic bits of data out today. other than that, not a lot going on as far as economic data go. we're all just waiting to see that white puff of smoke come out of washington and nothing yet so far. the dow virtually unchanged right now at 12,966. the nasdaq is down seven points right now. we'll talk with seema mody about that. and the s&p 500 index at this hour is down 1.80 in change at 1407. in today's "closing bell" exchange, we go over what is going on as we head toward the end of the year. seema mody is at the nasdaq today. jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets resp
we've had no real progress to speak of on the fiscal cliff. the president did speak publicly about it today. but we haven't exactly taken any step backwards either on wall street as far as the major averages go. we have had more special dividends declared, which we'll get to. first, get you caught up on the markets. kind of a meandering day. a few economic bits of data out today. other than that, not a lot going on as far as economic data go. we're all just waiting to see that white puff of...
109
109
Dec 9, 2012
12/12
by
WBAL
tv
eye 109
favorite 0
quote 0
how could this power player conversation impact fiscal cliff negotiations? >> temperatures on the chilly cited above their warming up tomorrow. the insta-weather + forecast just ahead. >> were watching wbal- tv 11. live, local, late breaking. this is 11 news at 6:00. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> the big story tonight, a crush in defeat at the hand of the washington redskins. adding insult to injury, a spot in the playoffs was available for the taking. >> a season that seemed so charmed a few weeks ago. now what feels cursed for ravens fans. injuries mounting and adding to the pain. it looking good in the fourth quarter. ravens trying to deal with robert griffin iii. hey, diddle diddle. ray rice up the middle. ravens up by eight. the redskins proved to be more resilience. look at kurt cousins in for injured rg3. he finds pierre garcon. tied at 28. a big punt returns setting up. that's it. there you go. from 34 yards, the rookie has never missed a kick in the nfl.
how could this power player conversation impact fiscal cliff negotiations? >> temperatures on the chilly cited above their warming up tomorrow. the insta-weather + forecast just ahead. >> were watching wbal- tv 11. live, local, late breaking. this is 11 news at 6:00. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> the big story tonight, a crush in defeat at the hand of the washington redskins. adding...
52
52
Dec 3, 2012
12/12
by
CNBC
tv
eye 52
favorite 0
quote 0
it could be called the ultimate fiscal cliff trade. find out which investment americans are pouring into. much more straight ahead. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> welcome back to "fast money." oracle the latest company making a tax dividend. going to pay out a total of more than $850 million
it could be called the ultimate fiscal cliff trade. find out which investment americans are pouring into. much more straight ahead. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. music is a universal...
124
124
Dec 5, 2012
12/12
by
CNNW
tv
eye 124
favorite 0
quote 0
the republicans and democrats alike designed the fiscal cliff. it's a series of bipartisan compromises and i think it's kind of foolish to think that this group of congressmen and senators is going to come up with a way out of something they themselves designed. >> rich, you worked for a republican speaker who went up against a democratic president over the spending issues. back then the face-off didn't turn out all that well for your party. obviously very different era. do you agree with eric's take? is the right strategy for republicans to stick to their guns, forget about compromise? >> no. i really don't -- eric is one of my favorite people. we talk a lot. but i think that, and i did work for the speaker gingrich during the shut-down fight in '96, and it did not work out well for republicans. the president has a much bigger bully pulpit than the speaker does. newt gingrich's bully pulpit was pretty big back in those days but at some point, republicans in the house -- and i think boehner is trying to look for ways to do this, speaker boehner,
the republicans and democrats alike designed the fiscal cliff. it's a series of bipartisan compromises and i think it's kind of foolish to think that this group of congressmen and senators is going to come up with a way out of something they themselves designed. >> rich, you worked for a republican speaker who went up against a democratic president over the spending issues. back then the face-off didn't turn out all that well for your party. obviously very different era. do you agree with...
123
123
Dec 6, 2012
12/12
by
MSNBCW
tv
eye 123
favorite 0
quote 0
i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%.ç better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more. number three, there's talk for the republican leaders that they could vote to continue the tax cuts for the 98% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the gop's tax proposal saying it does take a bite out of the rich b
i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%.ç better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay...
268
268
Dec 9, 2012
12/12
by
FOXNEWSW
tv
eye 268
favorite 0
quote 0
there's an assumption that the president doesn't want to go over the fiscal cliff like the republicans don't. and i think that's the wrong assumption. i think the president does want to go over the fiscal cliff and yet, there's no coverage of that whatsoever. bob woodward actually gave a video interview to political this week and said who is barack obama and what drives him? it's not a big mystery at this point. >> the media seem to have no problems supporting the idea of putting higher taxes on higher wage earningers in this country and take a look at this from the california teachers union. >> and ordinary people wondered why rich people needed so much money, the 1% said, don't worry, this is good for you, too. because it will trickle down from us to you. and some day, you'll be rich and then the rules we made for us will be your rules, too. >> and that's ed asner, the actor, voicing that production. what's been the media reaction, jim? >> not much. part of it is i'd be hard pressed on a family channel to describe what we just saw there. you have to look, rewind it and look closely a
there's an assumption that the president doesn't want to go over the fiscal cliff like the republicans don't. and i think that's the wrong assumption. i think the president does want to go over the fiscal cliff and yet, there's no coverage of that whatsoever. bob woodward actually gave a video interview to political this week and said who is barack obama and what drives him? it's not a big mystery at this point. >> the media seem to have no problems supporting the idea of putting higher...
136
136
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 136
favorite 0
quote 0
>> well, just look at speaker boehner's fiscal cliff proposal. three-page letter with three simple bullet points. that's the entire proposal to deal with the fiscal cliff and starts out with the sentence that's remarkable, tamron. first sentence is because the election is a status quo, both sides have to compromise. they didn't see what happened. they just dismissed it as a status quo election and this is not just speaker boehner we eric cantor and paul ryan, kevin mccarthy. the entire house republican leadership signed on to the so-called fiscal cliff proposal letter. they're not serious about negotiating. i don't know the right wing and the tea party of who the republican party is nowadays but it's impossible to have a deal with one side refuses to compromise even after losing. they will not accept their own defeat. >> right. >> and that is the problem. >> a.b. let's play what congressman walter jones had to say on this boehner purge. i have the full screen of what he had to say when several members were removed as identified not being team pla
>> well, just look at speaker boehner's fiscal cliff proposal. three-page letter with three simple bullet points. that's the entire proposal to deal with the fiscal cliff and starts out with the sentence that's remarkable, tamron. first sentence is because the election is a status quo, both sides have to compromise. they didn't see what happened. they just dismissed it as a status quo election and this is not just speaker boehner we eric cantor and paul ryan, kevin mccarthy. the entire...
140
140
Dec 6, 2012
12/12
by
MSNBCW
tv
eye 140
favorite 0
quote 0
subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again we see there's no agreement that done involve those rates going up on the top 2% of the wealthiest. remember it's only 2%. >> former senator alan simpson, co-founder of the fix the debt campaign, choice words and analysis for would-be cliff jumpers. >> when you have leaders of parties and people from the administration saying, i think it will be to the advantage of the democrats to go off the cliff, wealthy it will be advantage to the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. this is big-time stuff. >> surprising exactly no
subtract 3.5, that is a severe recession. >> if we go off the fiscal cliff with no policy changes the near-term negative economic consequences would be significant and most assuredly throw us into a recession. >> comes a day after treasury secretary tim geithner told cnbc the white house is prepared to go the distance if its demands are not met. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again we...
319
319
Dec 10, 2012
12/12
by
KPIX
tv
eye 319
favorite 0
quote 0
. >> the fiscal cliff standoff, the deadline for an agreement is closer than you might think. >> fedex is gearing up for a busy day. >>> and a bay area station is taken off the air by vandals for the third time this year. >> they took expensive equipment. >>> crab fisherman try to bring an end to a week long strike. >> it would be great to get out there and put money in our pockets. >> from across the bay to around the world, the stories that matter on eyewitness news this morning. d i'm michelle g >>> hi everyone, and good morning, it's monday december the 10th. i'm frank mallicoat. >>> i'm michelle griego. new this morning, a dangerous situation is under control in the east bay. >>> cbs5 reporter, elissa harrington l is in san leandro where live wires landed on a laundry truck this morning. >> two men were inside this laundry truck when it happened, and they had just seconds to escape. the fire is out but here's what it looked like in this picture. flames were about 20 to 30 feet high and it took firefighters an hour and a half to put it out. we're just outside of camp sweeney which
. >> the fiscal cliff standoff, the deadline for an agreement is closer than you might think. >> fedex is gearing up for a busy day. >>> and a bay area station is taken off the air by vandals for the third time this year. >> they took expensive equipment. >>> crab fisherman try to bring an end to a week long strike. >> it would be great to get out there and put money in our pockets. >> from across the bay to around the world, the stories that...
132
132
Dec 5, 2012
12/12
by
WBAL
tv
eye 132
favorite 0
quote 0
. >>> and 27 days to go when the fiscal cliff arrives, so why are so many members of the house going home when they're supposed to be working on it? >>> and people showing up for others, right when they need it. nightly news begins now. >>> good evening, we begin tonight with an important story, details of which may sound very familiar to a lot of americans, given our history over the past few years in places like iraq. tonight, pentagon sources are telling nbc news syria is preparing chemical weapons for their possible use against the syrian people in the form of aerial bombs. it is believed this specific intelligence is the reason why president obama took a hard line against syria just a few days ago, warning them there would be consequences if these weapons were used. let's begin here tonight with the very latest. >> reporter: good evening, brian, u.s. officials tell us that the syrian military is poised tonight to use chemical weapons against its own people. and all it would take is the final order from syrian president assad. as the fighting grows more intense and syrian rebels
. >>> and 27 days to go when the fiscal cliff arrives, so why are so many members of the house going home when they're supposed to be working on it? >>> and people showing up for others, right when they need it. nightly news begins now. >>> good evening, we begin tonight with an important story, details of which may sound very familiar to a lot of americans, given our history over the past few years in places like iraq. tonight, pentagon sources are telling nbc news...
205
205
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 205
favorite 0
quote 0
the fiscal cliff and the debt ceiling, are they connected? >> the white house wants them to be connected. they actually think if neck get a deal decoupling the bush tax cuts, having entitlement reform in dealing with the debt ceiling that is getting a raise and not having to worry about it for another couple of years, that's what they want. house republicans have indicated that, look, they actually might want it to kick the can down the road, make a deal on taxes but kick it down the road where they have more leverage. president obama was asked about that earlier this week and said he doesn't want to play the debt ceiling game anymore. that's where republicans have more leverage than then do on other matters. >> all right. senior political editor mark murray, have a great weekend, sir. >> i want to bring in congressman peter welch from vermont. good to see you again. talked to you last weekend on msnbc. at that point you told me that you thought there was a 50/50 shot we'd go off the so-called fiscal cliff. today speaker boehner said talks we
the fiscal cliff and the debt ceiling, are they connected? >> the white house wants them to be connected. they actually think if neck get a deal decoupling the bush tax cuts, having entitlement reform in dealing with the debt ceiling that is getting a raise and not having to worry about it for another couple of years, that's what they want. house republicans have indicated that, look, they actually might want it to kick the can down the road, make a deal on taxes but kick it down the road...
139
139
Dec 8, 2012
12/12
by
CNNW
tv
eye 139
favorite 0
quote 0
we're going to go over the fiscal cliff together. and that's particularly true and particularly difficult for republicans because the way the polls are showing the public's anger with this process, the republicans are going to get most of that anger. and they are the same polls that in fact, the gop is listening to and watching, and boehner is very, very much aware of them. so i think that 37% may be the way things come out. >> let's talk about those polls for a minute. quinnipiac had a poll out that showed the president's job approval rating at 53%. that's not really giant or amazing, but, considering where he's been, not too long ago, that is pretty good. robert, is this the kind of compromise that could give everyone some cover here? the president can say, yeah, i got higher taxes on the wealthy. the republicans can say, yeah, we gave in, but not much. >> yes, it could. i think -- if it is 37%, a lot of democrats will grumble, wait a minute. we thought that the bush tax cuts would expire. what was so bad about the 39.6% highest ra
we're going to go over the fiscal cliff together. and that's particularly true and particularly difficult for republicans because the way the polls are showing the public's anger with this process, the republicans are going to get most of that anger. and they are the same polls that in fact, the gop is listening to and watching, and boehner is very, very much aware of them. so i think that 37% may be the way things come out. >> let's talk about those polls for a minute. quinnipiac had a...
208
208
Dec 8, 2012
12/12
by
MSNBCW
tv
eye 208
favorite 0
quote 0
i love you, too. >>> for most americans, a fiscal cliff would be more of a slide. most of us will feel the impact gradually. for millions, the consequences will be immediate and severe. while the national unemployment rate dropped to 7.7%, the long-term unemployment numbers, those for whom finding wosh has been elusive for six months or more, now includes 4.8 million americans. those folks are at particular risk. that's because december 31st is also the expiration date for federal emergency unemployment insurance. the program passed into law in 2008 uses federal dollars to give extra weeks of jobless benefits to unemployed americans who have already passed the cutoff for their state benefits. if no deal is reached, 2.1 million people will see an immediate end to their federal -- to fall off the edge of that cliff without a net. >> back with me david k. johnson, sanchez and carmen wong ulrich and greg kaufman, a contributor for the nation. he has been one of the most consistent voices for poverty in america, regularly wlriting abot this on his weekly blog. this feel
i love you, too. >>> for most americans, a fiscal cliff would be more of a slide. most of us will feel the impact gradually. for millions, the consequences will be immediate and severe. while the national unemployment rate dropped to 7.7%, the long-term unemployment numbers, those for whom finding wosh has been elusive for six months or more, now includes 4.8 million americans. those folks are at particular risk. that's because december 31st is also the expiration date for federal...
209
209
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 209
favorite 0
quote 0
some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence in our future. >> the number two senate ranked democrat mr. temperature bib argues next week will be critical in terms of president obama and speaker boehner finding a compromise. shep? >> shepard: democrats are still saying what they have said all along and what the president ran on this is about taxes. >> that is true and they note president obama campaigned on upper income americans paying more so they intend to make sure that happens. the house democratic leader says the only obstacle is republicans refusing to ask the top 2% to pay more. >> this is a moment of truth. the clock is
some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence...
134
134
Dec 5, 2012
12/12
by
MSNBCW
tv
eye 134
favorite 0
quote 1
>> even the late night comics getting fed up with the fiscal cliff stuff. good morning, everybody. i'm brian sullivan and welcome to way too early. only 2 1/2 more shopping weeks left until christmas by the way. so do your duty, america, bring our economy back from the brink. we've got a lot to talk about on this wednesday, december 5th. thanks for joining us. including a shameful display of partisanship in congress that resulted in the voting down of a u.n. treaty aimed at spreading rights for disabled people. even the venerable bob dole could not bring both sides together on this one. also major unrest in egypt as 100,000 protesters stormed the palace in cairo forcing president morsi to flee. we'll update you on the situation there. but first our top story live here at 5:30 a.m. at 30 rock in new york city. and we begin with the latest on the rapidly approaching fiscal cliff deadline of automatic tax hikes on everybody and what appears to be a stalemate in the negotiations. in his first interview since the election, president obama reiterated his demand that any deal must raise t
>> even the late night comics getting fed up with the fiscal cliff stuff. good morning, everybody. i'm brian sullivan and welcome to way too early. only 2 1/2 more shopping weeks left until christmas by the way. so do your duty, america, bring our economy back from the brink. we've got a lot to talk about on this wednesday, december 5th. thanks for joining us. including a shameful display of partisanship in congress that resulted in the voting down of a u.n. treaty aimed at spreading...
261
261
Dec 4, 2012
12/12
by
FOXNEWSW
tv
eye 261
favorite 0
quote 0
with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the american people overwhelmingly disagree. the rates have to rise and republicans need to acknowledge that. >> the major difference between the two sides is over taxing on the rich. obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans
with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders...
64
64
tv
eye 64
favorite 0
quote 0
who will blink first on the fiscal cliff? not the obama administration as timothy geithner told cnbc, bring it on. >> is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> taxpayers might think that's easy for geithner to say. what about all those middle class families whose tax will go up more than $2,000 if, as geithner suggests, we take a dive off that cliff? even though president obama and john boehner chatted on the phone, there's still no deal. republicans are not amused. >> incredibly, many top democrats, including the president, seem perfectly happy. perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two side also come up with a deal. they've moved on already to plan b. the retired teacher in utah has put off plans to get a new car. brian chandler,
who will blink first on the fiscal cliff? not the obama administration as timothy geithner told cnbc, bring it on. >> is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. >> taxpayers might think that's easy for geithner to say. what about all those middle class families whose tax will go up more than $2,000 if, as geithner suggests, we...
63
63
tv
eye 63
favorite 0
quote 0
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes of $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary tkpwaoeugter in'sers.e.c.geithner's comments about going over the cliff, the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me -- or do not used a skwrebgive thes like
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes of $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there there is a code of silence...
165
165
Dec 10, 2012
12/12
by
WBAL
tv
eye 165
favorite 0
quote 0
it wasn't the fiscal cliff. 31-28, the ravens lose to the redskins. the steelers and bengals botoh lost. the ravens after rg3 makes his grand antwreentrance. 120 yards rushing. robert griffin iii left with an injury. kirk cousins hits pierre garcon. the game is tied in goes to overtime. a punt return sets up this to win it for the redskins. kai forbath, 34-yard field goal. the ravens blues on a field goal. >> we have a tough one here -- the ravens loose on a field goal. you do not want to overreact on these things. it will be a fight for the division championship. we have to fight back next week and be ready to go. >> the players and coaches cannot over react. it is an important time for the ravens. they play the broncos next. the ravens unable to stop the redskins. they had a great field position in the third quarter. they didn't lose any ground to the steelers. the steelers got swamped by the chargers. biggest play of the game. ben hit him in the butt and it bounces back into the end zone which is a fumble, a san diego touchdown. ben later throws an
it wasn't the fiscal cliff. 31-28, the ravens lose to the redskins. the steelers and bengals botoh lost. the ravens after rg3 makes his grand antwreentrance. 120 yards rushing. robert griffin iii left with an injury. kirk cousins hits pierre garcon. the game is tied in goes to overtime. a punt return sets up this to win it for the redskins. kai forbath, 34-yard field goal. the ravens blues on a field goal. >> we have a tough one here -- the ravens loose on a field goal. you do not want to...
98
98
Dec 7, 2012
12/12
by
CNBC
tv
eye 98
favorite 0
quote 1
>>> and could the fiscal spliff save us from the fiscal cliff. why the big money in marijuana could be the perfect solution to all of our problems. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >> as always, we have a lot of competition out there. but with our focus on making the very best products, many times we find ourselves in a league by ourselves. >>> as tim cook singles out his competition by name, by tech horse should be you back if you had to pick just one of these stocks -- google, microsoft or apple? joining us now, the analyst an evercore partners and an analyst at barclays capital. ron, to you first. which one is it.
>>> and could the fiscal spliff save us from the fiscal cliff. why the big money in marijuana could be the perfect solution to all of our problems. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the...
128
128
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 128
favorite 0
quote 0
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are proposing to republicans in pennsylvania and three other states obama won. they're trying to eliminate the winner take all system of awarding electoral votes. that way republicans could win electoral votes in states they lose. >>> new jersey governor chris christie finally meets his idol. the man he's seen in concert more than 100 times. the governor and the boss, bruce springsteen. they're friends now. this is "hardball," the place for politics. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those aff
. >>> also, the fiscal cliff. it's down to two people. everybody seems to agree, two people get in the room, the president and the leader of the opposition, john boehner, the speaker. they may be closer, some argue, to an agreement than we think. the question is can they sell the deal to their bases, to their fringies, left and right i must say. >>> plus, republicans say they would change after the lek and they are. guess what? they're changing the rules. some of them are...
198
198
Dec 9, 2012
12/12
by
WJLA
tv
eye 198
favorite 0
quote 0
that will upset the rest of america but most consumers, they say fiscal cliff. >> what's the fiscal cliff. >> i don't know what that is. >> you are right. the busineness community is sitting on its cash, wall street waiting on every word and consumer as if nothing. but you know it comes home to roost. good to have you on the program. thank you so much. >> nice to see you. >>> american cars zooming along. some of the best news for the auto seor in years. what it means for your set of wheels. >>> living with lions, julie taymor with me on one of broadway's biggest payoffs as it marks a milestone. back in a moment. americans are always ready to work harfor a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ke a closeser look... ...at the best schools in the world.
that will upset the rest of america but most consumers, they say fiscal cliff. >> what's the fiscal cliff. >> i don't know what that is. >> you are right. the busineness community is sitting on its cash, wall street waiting on every word and consumer as if nothing. but you know it comes home to roost. good to have you on the program. thank you so much. >> nice to see you. >>> american cars zooming along. some of the best news for the auto seor in years. what it...
120
120
Dec 8, 2012
12/12
by
CNNW
tv
eye 120
favorite 0
quote 0
can you fix the fiscal cliff and send the economy downward. >> the fiscal cliff, isn't it having real impact in the economy now? >> it's having real impact and name pact will growth longer we take to come to a deal, some deal, any deal. what everybody wants, individuals who are going to be paid in january, they don't know how much and businesses, so what's the deal? what are -- what do we have to plan on? >> the best down payment would be to continue tax rates at the middle class for the rates they are, the best down payment. that's the best easy first step and i hope congress will realize take a step and take it now and give the president something he can sign. >> that has to be the last word. thanks, guys. >>> from the downward slope of the cliff to the upward climb on jobs, a big surprise in the november jobs numbers. it's a step in the right direction, but ali velshi will join me with a look at why we need to do much more. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their cl
can you fix the fiscal cliff and send the economy downward. >> the fiscal cliff, isn't it having real impact in the economy now? >> it's having real impact and name pact will growth longer we take to come to a deal, some deal, any deal. what everybody wants, individuals who are going to be paid in january, they don't know how much and businesses, so what's the deal? what are -- what do we have to plan on? >> the best down payment would be to continue tax rates at the middle...
153
153
Dec 7, 2012
12/12
by
MSNBCW
tv
eye 153
favorite 0
quote 0
the timing is interesting, obviously, just as we're learning that fiscal cliff negotiations are now a party of two, the president and the speaker. the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts
the timing is interesting, obviously, just as we're learning that fiscal cliff negotiations are now a party of two, the president and the speaker. the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday...
71
71
Dec 6, 2012
12/12
by
MSNBC
tv
eye 71
favorite 0
quote 0
. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many law
. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over...
63
63
Dec 10, 2012
12/12
by
MSNBC
tv
eye 63
favorite 0
quote 0
president obama discussing the fiscal cliff. let's listen in. >> make sure your kids can go to a good school. make sure they can aspire to whatever they want to be. that idea is what built america. that's the idea that built michigan. that's the idea that's at the heart of the economic plan i've been talking about all yearlong on the campaign trail. i want to give more americans the chance to earn the skills that businesses are looking for right now and give our kids the kind of education they need to succeed in the 21st century. i want to make sure america leads the world in research and technology and clean energy. i want to put people back to work rebuilding our roads and our bridges and our schools. that's how we grow an economy. i want us to bring down the deficits but i want to do in it a balanced, responsible way. and i want to reward -- i want a tax code that rewards businesses and manufacturers like detroit diesel right here creating jobs right here in redford, right here in michigan, right here in the united states of
president obama discussing the fiscal cliff. let's listen in. >> make sure your kids can go to a good school. make sure they can aspire to whatever they want to be. that idea is what built america. that's the idea that built michigan. that's the idea that's at the heart of the economic plan i've been talking about all yearlong on the campaign trail. i want to give more americans the chance to earn the skills that businesses are looking for right now and give our kids the kind of education...
112
112
Dec 6, 2012
12/12
by
CNNW
tv
eye 112
favorite 0
quote 0
yep, this is how one man sees the fiscal cliff and it's a pretty important man. this is alan simpson. ♪ yep. that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but of course, it takes two to tango, so where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> it's not that tough. he's absolutely right about that. but we heard early this evening that the president and speaker boehner did speak late today on the phone, so that's good news, but in this case, they need face time. they need to spend real time face to face. even democrats think the president needs to do more in person work on this. >> the president is not somebody who he's prioritizing evenings with his famil
yep, this is how one man sees the fiscal cliff and it's a pretty important man. this is alan simpson. ♪ yep. that maybe the most action the fiscal cliff saw today. here's the scene on capitol hill at noon. yep, people leaving. members of congress leaving washington, heading home on wednesday afternoon. one man left standing was the house speaker and he says i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about...
61
61
tv
eye 61
favorite 0
quote 0
>> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia because if you look at thinge a greg gat euro zone debt, and you have political stability back now that the new team is in place so the volatility and the instability factors that are outside have reduced. the real threat that we have at the moment is really here with us and that can be addressed. >> but when you look at, i mean i understood that the european banks had sort of downsized or downgraded what they thought would be growth. you've got more than 11% unemployment in the euro zone, which is a good deal higher than here. >> yeah yeah. >> are those things threats to the u.s. economy or do you think the u.s. economy now is destabilizing or has the potential to destabilize the world economy? >> i think the u.s. economy, because it's a relat
>> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia because if you look at thinge a greg gat euro zone debt, and you have political stability back now that the new team is in place so the volatility and the instability factors that are outside have reduced. the real threat that...
174
174
Dec 10, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 0
fiscal cliff, obviously dominant on the scene. no major events, as i see them scheduled those there will be some of the joint committee in congress on thursday, talks about some of the outcomes, should we go over fiscal cliff. and then looking beyond that, really, it's really about the euro zone and keep an eye out. we have meetings going on wednesday, thursday, friday. >> got it. chad, what about you? >> bill and mandy, three things to watch for tomorrow. as your previous guest said, wholesale inventory number. you have to watch that, if you start to see a long-term trend where the companies are building inventories, that's something more ominous to the economy. the small business index coming out tomorrow. that, of course, should show a gradual increase in its pace. and the federal reserve is starting their meetings tomorrow, so, for wednesday, we're expecting an additional $40 billion every month of additional treasury purchases to take place on the operation twist. >> jennifer, 30 seconds. what do you see tomorrow? >> yeah, we
fiscal cliff, obviously dominant on the scene. no major events, as i see them scheduled those there will be some of the joint committee in congress on thursday, talks about some of the outcomes, should we go over fiscal cliff. and then looking beyond that, really, it's really about the euro zone and keep an eye out. we have meetings going on wednesday, thursday, friday. >> got it. chad, what about you? >> bill and mandy, three things to watch for tomorrow. as your previous guest...